In this episode, get an overview of the strategies on how to minimize your tax liability primarily on interest income as Thomas Castelli, a tax strategist for The Real Estate CPA, talks about tax planning for commercial note investors. Learn how interest is taxed and how being in the note business impacts your tax situation. Thomas shares standard tax mitigation strategies that everyone can implement on their own effortlessly, as well as advanced mitigation strategies applicable to more specific situations. He also dives into why having a home office and employing your kids are great opportunities you need to apply.
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